original share price for the main promoter Sheela Gautam is just 3 paisa per share, for Rahul Gautam it is 12 paisa and for selling shareholders it is just 33 paisa per share, while offer price is Rs730. - Before filling DRHP, the promoters have issued bonus shares in ratio of 2:1. - In the resolution passed on May 31, 2016, the face value of the share has been brought down to Rs 5 from Rs10. If they had not done so the IPO offer price could have been Rs1460, so they have tried to misguide the investors even before filling DRHP. - Before entering into the market the net profit has surged 146% in FY2016. While the income growth has come down from 11.23 in FY2015 to 9.20% in FY2016. So it creates doubts about authenticity of the figures. - Raw material accounts for 50-60% in the company''s income. It used to get benefit of rockbottom prices in last few years. So the current margins are low but difficult to maintain. - The sales is under pressure due to demonetization. After Poor Listing of Varun Beverages and Flop show of Green Signal Bio Pharma, will the investors ready to take risk? - The experts in the market expect the IPO to get listed at discount and also indicated that deal is done with QIB and HNI investors so they are list bothered about retail investors. So the main question is that Is the issue worth subscribing?
76.1. dpcdsl| Link| Bookmark|
November 26, 2016 11:56:28 PM
Top Contributor (400+ Posts, 200+ Likes)
Indian capital markets witnessed two unexpected historical developments, one domestic and the other global. 500 and 1000 notes are cloused and donald trmp win its affect in this ipo??????
Company Sheela Foam Limited Profile Sheela Foam Limited; a leading manufacturer of mattresses in India marketed under flagship brand “Sleepwellâ€. In addition, the Company manufacture other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (“PU Foamâ€) for end use in a wide range of industries. Offer Period Opens On : Tuesday, November 29, 2016 Closes On : Thursday, December 1, 2016 Price Band Rs. 680 – Rs. 730 Bid Lot 20 Equity Shares & in multiple thereafter Issue Size Rs. 510 Crs QIB 50% of the Issue (Rs.255 Crs) NIB 15% of the Issue (Rs. 76.5 Crs.) Retail 35% of the Issue (Rs. 178.5 Crs.) Mode of Payment ASBA Mandatory (No Cheques will be accepted) Registrar Link Intime India Private Limited. Listing NSE and BSE
72. sree vas| Link| Bookmark|
November 26, 2016 10:14:58 AM
Top Contributor (500+ Posts, 100+ Likes)
laurus issue price to b decided in next week
71. sree vas| Link| Bookmark|
November 26, 2016 10:13:50 AM
Top Contributor (500+ Posts, 100+ Likes)
laurus labs ipo 7000 cr to hit market by 15 th dec
71.1. sree vas| Link| Bookmark|
November 26, 2016 10:16:00 AM
Top Contributor (500+ Posts, 100+ Likes)
Buy buy buy digjam ltd full return 13 ko high huva Mene aaj 20000 share buy kiye 14600 me Sheela foam Ltd ke 20 share milega aur digjam ltd ke 1100 share milega digjam ne muje 10000 ka profit Diya Mene 8 me 3000 share liye the 24000 ke 12000 muje milta he tum b profit kamao digjam ltd buy karo buy buy buy buy
66.1. PearlRohit| Link| Bookmark|
November 26, 2016 10:03:55 AM
Top Contributor (200+ Posts, 100+ Likes)
Septa ji , please join my watsapp group of chittorgarh. we have created a group where we discuss ipos and stock ideas. you are cordially invited to join us. Text me on my number 7 0 6 3 6 7 4 3 8 9- pratik
I have taken RS Software @118, in the last three or four trading session its going down badly... now trading approx 98.. now what to do shall i wait or book the loss
Buy digjam ltd target for dubbel December end mutibuzzer stock muje msg aaya mmtips se Mene full stock Kar Liya ye share 52 week low se fir upper jata he 19 high gaya 12.15 PE band huva best stock he low market me high return Deta muje 10 din me 10000 ka profit Diya Mene 8 me Liya buy buy buy achha return milega December me
December k 2nd ya 3rd week mein shayad lauras ka issue launch hoga, public domain mein jo information hai wo sahi hai to 750-1000 crore ka issue hona chahiye 300-400 k price band ke aaspass. Jankaron ka kahna hai ki iske fundamentals current pipeline k companies mein sabse achche hai. Asha karate hai ki bhagwan promoters aur brlms ko sadbudhi de aur sahi price pe ise launch kare.
Still wondering how some one had said will by huge quantities of Greensignal if listing bellows100 , IMO ,if he or she is billionaires then should not misguided small investors IMO
57. Septa| Link| Bookmark|
November 24, 2016 9:33:56 AM
(4000+ Posts, 4600+ Likes)
SBR has explained it perfectly " Almost subscribed IPO" IMO Sheela Foam IPO AVOID for now GIVEN DEMONETIZATION give demand has sucked out the market I would wait for current year financials to see the impact of demonetization which will have big impact on discretionary expenditure since company falls in consumption sector which will take a big hit in coming quarters. IMO IT will be available at discounted price after next quarterly result